How much of a difference will the rate make?

Summary:

This tool shows the benefits of compounding over a range of saving periods. You enter an interest rate that you expect to earn on your deposits. The calculator assumes you are using a tax-advantaged account and that interest is compounded monthly.


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Your Results

Based on the information you entered, the total balance, including principal and interest, would be:

$60,950$74,012$89,542

These estimates are provided for informational purposes only. Always consult a banker for your individual situation.